The U.S. is enjoying a ‘Goldilocks’ moment, says BofA’s Savita Subramanian

The U.S. is enjoying a ‘Goldilocks’ moment, says BofA’s Savita Subramanian

ShareShare Article via FacebookShare Article via TwitterShare Article via LinkedInShare Article via Email Savita Subramanian, BofA Securities head of U.S. equity and quantitative strategy, joins ‘Squawk Box’ to discuss the state of the economy, what to expect from today’s September jobs report, the Fed’s inflation fight, latest market trends, and more. Source link

Rivian lowers production forecast, misses Q3 delivery expectations

Rivian lowers production forecast, misses Q3 delivery expectations

Workers assemble second-generation R1 vehicles at electric auto maker Rivian’s manufacturing facility in Normal, Illinois, U.S. June 21, 2024.  Joel Angel Juarez | Reuters Shares of Rivian Automotive dropped about 8% during premarket trading Friday after the electric vehicle startup delivered fewer vehicles in the third quarter than analysts had expected and lowered its annual … Read more

European Union votes to impose tariffs on Chinese electric vehicles

European Union votes to impose tariffs on Chinese electric vehicles

Employees work on an electric vehicle (EV) production line at the Leapmotor factory in Jinhua, China’s eastern Zhejiang province on September 18, 2024. Adek Berry | Afp | Getty Images The European Union on Friday voted to adopt definitive tariffs on China-made battery electric vehicles (BEVs). “Today, the European Commission’s proposal to impose definitive countervailing … Read more

Meta must limit data for personalised ads

Meta must limit data for personalised ads

Facebook-owner Meta must minimise the amount of people’s data it uses for personalised advertising, the EU’s highest court says. The Court of Justice for the European Union (CJEU) ruled in favour of privacy campaigner Max Schrems, who complained that Facebook misused his personal data over his sexual orientation to target ads at him. In complaints … Read more